Hello everyone, I am Gu Yue. After the successful long positions yesterday, the market has once again dropped significantly, breaking the recent lowest position, with Bitcoin reaching around $76,500 and Ethereum falling below $1,750. The decline has further intensified, but after hitting the bottom, it rebounded again. Currently, Bitcoin has once again surpassed $80,000, and Ethereum has also broken through $1,900. The market is expected to expand further, and the evening market is likely to rise further, mainly focusing on low long positions for further upward movement.
Technical Analysis
Currently, the Bollinger Bands are gradually opening up, and the market trend is expanding further. After hitting the bottom, the market rebounded. The MACD green energy bars are gradually decreasing, and the KDJ has formed a golden cross. The K-line has broken through the middle track of the Bollinger Bands, with less pressure above, indicating further upward movement with not much resistance. In the evening, Bitcoin should focus on $83,500, while Ethereum should focus on $2,000.
Trading Recommendations
For Bitcoin, it is recommended to go long around $81,500 with a target of $83,000-$83,500.
For Ethereum, it is recommended to go long around $1,920 with a target of $2,000-$2,050.
There are many types of investments, and it is important to choose what suits you. There are many paths, and choosing the right guide is essential. I am Gu Yue, interpreting world economic news, analyzing global investment trends, and providing daily market analysis to offer you the latest trading strategy ideas and professional investment consulting services to help you reach the peak of wealth management.
This article only represents personal views and is for reference only, not to be used as a basis for actual operation #比特币 .